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by jadedhacker
2877 days ago
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I'm not sure I believe that S&P 500 chart proves his point that we are living in historically similar times to the 1960s. S&P looks at the top of part of the distribution, not the whole distribution. If for some reason, there were more or fewer companies, it would mean something different. I will note that we did in fact break up Bell Telephone and standard oil. If we act quickly, maybe we'll never get to 1T. |
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